Sacramento Kings sold for reported $535 million

The Maloof family has reached an agreement with a group led by software magnate Vivek Ranadive to sell the Sacramento Kings for a reported $535 million. The team will remain in Sacramento.

http://archive.news-press.com/VideoNetwork/2388621197001/Sacramento-Kings-sold-for-reported-535-millionhttp://bc_gvpc_od-f.akamaihd.net/media/963482463001/201305/115/963482463001_2388606023001_a385e587-2ab9-44c7-8681-8f546eb151a0.mp4?pubId=37906159001&videoId=2388621197001http://archive.news-press.com/VideoNetwork/2388621197001/Sacramento-Kings-sold-for-reported-535-millionhttp://bc_gvpc.edgesuite.net/img/963482463001/201305/1541/963482463001_2388613590001_th-51960927e4b0178925f1397f-1592194016001.jpgSacramento Kings sold for reported $535 millionThe Maloof family has reached an agreement with a group led by software magnate Vivek Ranadive to sell the Sacramento Kings for a reported $535 million. The team will remain in Sacramento.3vivek ranadivekevin johnsonsportsvpcDavid SternKXTVMaloofsaleSports-NBASacramento KingsnbaNational NewsSold01:25